Jeremy Stoppelmanhttp://www.businessinsider.com/category/jeremy-stoppelman
en-usTue, 31 Mar 2015 17:48:56 -0400Tue, 31 Mar 2015 17:48:56 -0400The latest news on Jeremy Stoppelman from Business Insiderhttp://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.pngBusiness Insiderhttp://www.businessinsider.com
http://www.businessinsider.com/yelp-ceo-bashes-indiana-new-anti-gay-law-2015-3Yelp CEO bashes Indiana's new 'anti-gay' lawhttp://www.businessinsider.com/yelp-ceo-bashes-indiana-new-anti-gay-law-2015-3
Fri, 27 Mar 2015 17:46:45 -0400Jonathan Fisher
<p><img style="float:right;" src="http://static1.businessinsider.com/image/5449043cecad04f353839bc2-600-/ap11102614241.jpg" border="0" alt="yelp jeremy stoppleman" width="600" style="color: #000000;"></p><p><span style="line-height: 1.5em;">Yelp CEO Jeremy Stoppelman isn't happy. He&nbsp;</span><a href="http://www.huffingtonpost.com/2015/03/27/san-francisco-indiana-boycott_n_6957136.html">penned an open letter on Thursday</a><span style="line-height: 1.5em;">&nbsp;bashing Indiana's new </span><a href="http://www.cnn.com/2015/03/25/politics/mike-pence-religious-freedom-bill-gay-rights/">religious freedom bill</a><span style="line-height: 1.5em;">, railing against&nbsp;"laws that would allow for business to discriminate against consumers based on certain traits including sexual orientation."</span></p>
<p>He further said:&nbsp;</p>
<p>"[It] i<span>s unconscionable to imagine that Yelp would create, maintain, or expand a significant business presence in any state that encouraged discrimination by businesses against our employees, or consumers at large."</span></p>
<p>He also hinted that Yelp would boycott any other states that considered passing similar laws, <a href="http://www.washingtonpost.com/blogs/govbeat/wp/2015/03/26/human-rights-campaign-hopes-to-fight-arkansas-religious-freedom-bill-by-scaring-away-silicon-valley/">naming Arkansas as a state they were keeping&nbsp;tabs on</a>.</p><p><a href="http://www.businessinsider.com/yelp-ceo-bashes-indiana-new-anti-gay-law-2015-3#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/smartphone-impact-brain-body-sleep-2015-2">This is what happens to your brain and body when you check your phone before bed</a></p> http://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3These are Yelp CEO Jeremy Stoppelman's favorite places to eat in San Franciscohttp://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3
Sun, 08 Mar 2015 15:15:00 -0400Madeline Stone
<h2><a href="http://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3">Click here to see the restaurants »</a></h2><p><a href="http://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="http://www.businessinsider.com/iphone-headphones-tricks-2015-2">14 things you didn't know your iPhone headphones could do</a></p> http://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3The best eats in San Francisco, according to Yelp CEO Jeremy Stoppelmanhttp://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3
Wed, 04 Mar 2015 12:40:14 -0500Madeline Stone
<p><img style="float:right;" src="http://static3.businessinsider.com/image/54f73a30eab8ea676afc5af8-1200-924/jeremy-stoppelman-yelp-20.jpg" border="0" alt="Jeremy Stoppelman, Yelp"></p><p>San Francisco has a diverse and exciting dining culture.</p>
<p>When choosing a new restaurant to try out, you might turn to Yelp for a recommendation. And perhaps no one knows the art of writing a restaurant review better than Yelp's cofounder and CEO, Jeremy Stoppelman.&nbsp;</p>
<p>We've highlighted all of the San Francisco restaurants Stoppelman has given five-star reviews since 2012. Consider it a dining guide from the CEO himself.</p><h3>L'ardoise Bistro</h3>
<img src="http://static4.businessinsider.com/image/54f60bc469beddd462d23755-400-300/lardoise-bistro.jpg" alt="" />
<p><p><a href="http://www.ardoisesf.com/"><strong>151 Noe Street</strong></a></p>
<p><span style="line-height: 1.5em;">"Ever since this delightful French bistro opened I've been smitten. It's so approachable, looking like just another neighborhood joint that totally underpromises and then overdelivers," Stoppelman <a href="http://www.yelp.com/biz/l-ardoise-bistro-san-francisco?hrid=L-ufxKk3pLKHvMByPxnJNw">writes</a>&nbsp;in his five-star review.&nbsp;</span></p>
<p><span>The lamb chops are a highlight, as is the newly returned foie gras.&nbsp;</span></p></p>
<br/><br/><h3>Quince</h3>
<img src="http://static1.businessinsider.com/image/54f60c6beab8ea2d25a51ec2-400-300/quince.jpg" alt="" />
<p><p><a href="http://quincerestaurant.com/"><strong>470 Pacific Avenue</strong></a></p>
<p><span>At Quince, chef Michael Tusk creates innovative French-Italian dishes with ingredients from local California farms.</span></p>
<p>"Quince will continue to be one of my go to spots for special occasions or whenever I need an outstanding dining experience," Stoppelman <a href="http://www.yelp.com/biz/quince-san-francisco?hrid=QGFpfrZv6r0bcYA0fSVilw">said</a>. He hosted his birthday party there two years in a row.</p></p>
<br/><br/><h3>Samiramis Imports</h3>
<img src="http://static1.businessinsider.com/image/54f60eba6da811fe5adf0cf2-400-300/samiramis-imports.jpg" alt="" />
<p><p><a href="http://www.yelp.com/biz/samiramis-imports-san-francisco-2?hrid=iHAANsI6CHt7NTrTkFCEfg"><strong>2990 Mission Street</strong></a></p>
<p>This specialty grocer has some amazing pita, olive oil, and spices.</p>
<p>"If you're a fan of middle eastern cuisine, it's worth a pop in," Stoppelman said in his <a href="http://www.yelp.com/biz/samiramis-imports-san-francisco-2?hrid=iHAANsI6CHt7NTrTkFCEfg">review</a>.</p></p>
<br/><br/><a href="http://www.businessinsider.com/yelp-ceo-jeremy-stoppelmans-favorite-restaurants-2015-3#ino-sushi-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/uiuc-amazing-tech-visionaries-who-went-to-school-there-2014-12This School In Rural Illinois Has Produced Some Of The Most Amazing Visionaries In Techhttp://www.businessinsider.com/uiuc-amazing-tech-visionaries-who-went-to-school-there-2014-12
Mon, 01 Dec 2014 19:36:00 -0500Eugene Kim
<p class="p1"><span style="line-height: 1.5em;"><img style="float:right;" src="http://static6.businessinsider.com/image/547cf9f7eab8ea951b8b4567-900-675/university-of-illinois-urbana-champaign-7.png" border="0" alt="University of Illinois, Urbana-Champaign">The University of Illinois at Urbana-Champaign (UIUC) is in a small college town located about 150 miles south of Chicago.</span></p>
<p class="p2"><span style="line-height: 1.5em;">Surrounded by corn and soybean fields, Urbana-Champaign doesn’t strike you at first as a place where future tech leaders would emerge from.</span></p>
<p class="p2"><span style="line-height: 1.5em;">It's why many people fail to realize that UIUC has bred some of the most remarkable tech visionaries in history. They built companies that essentially changed tech history as we know it.</span></p><h3>Marc Andreessen — Netscape, Andreessen-Horowitz</h3>
<img src="http://static4.businessinsider.com/image/532ebede69bedd057e6eba92-400-300/marc-andreessen--netscape-andreessen-horowitz.jpg" alt="" />
<p><p class="p1"><span style="line-height: 1.5em;">Andreessen invented Mosaic, the browser that popularized the web, when he was still at UIUC in 1992. He graduated from UIUC's computer science program in 1993 and was only 22 years old when he was recruited by the legendary entrepreneur Jim Clark to start Netscape Communications. Together, they created Netscape Navigator, one of the first and most widely used commercial web browsers ever.</span></p>
<p class="p2"><span style="line-height: 1.5em;">Andreessen also cofounded Opsware (formerly Loudcloud) and sold it to HP for $1.6 billion in 2007. He now runs Andreessen Horowitz, one of the most prominent venture capital firms in Silicon Valley.</span></p></p>
<br/><br/><h3>Larry Ellison — Oracle</h3>
<img src="http://static5.businessinsider.com/image/5425ce5c6bb3f7773b61ed48-400-300/larry-ellison--oracle.jpg" alt="" />
<p><p class="p1"><span style="line-height: 1.5em;"></span><span style="line-height: 1.5em;">Ellison, who founded Oracle, grew up outside of Chicago and attended UIUC for two years. Although he dropped out after his sophomore year because his adoptive mother had died, Ellison showed signs of brilliance at an early age, even being <a href="http://www.achievement.org/autodoc/page/ell0bio-1">named the science student of the year at UIUC.<br /></a></span></p>
<p class="p2"><span style="line-height: 1.5em;">Since its founding in 1977, Oracle went on to become one of the largest enterprise tech companies in the world. Last year, it had over $38 billion in revenue, with more than 122,000 employees worldwide. Ellison is the third-richest man on the Forbes List with <a href="http://www.forbes.com/profile/larry-ellison/">a net worth of $52.5 billion.</a></span></p></p>
<br/><br/><h3>Max Levchin — PayPal</h3>
<img src="http://static1.businessinsider.com/image/5474e8ed69beddd66dc45c8e-400-300/max-levchin--paypal.jpg" alt="" />
<p><p class="p1"><span style="line-height: 1.5em;"></span><span style="line-height: 1.5em;">Levchin, a computer science grad in 1997, is one of the cofounders of the online money transfer service PayPal. The cofounders of PayPal, widely known as "PayPal Mafia," also include Peter Thiel and Elon Musk.&nbsp;</span></p>
<p class="p1"><span style="line-height: 1.5em;">Levchin pitched his idea for what had become PayPal to Thiel over breakfast&nbsp;<a href="http://pando.com/2014/03/13/accidental-disruption-max-levchin-discusses-how-close-paypal-was-to-never-existing-at-all/">after meeting for the first time at a Stanford lecture.</a> Thiel wrote the first check for PayPal, and Levchin was named the company&rsquo;s CTO. Eventually, eBay bought PayPal <a href="http://news.cnet.com/2100-1017-941964.html">for $1.5 billion in 2002.</a></span></p></p>
<br/><br/><a href="http://www.businessinsider.com/uiuc-amazing-tech-visionaries-who-went-to-school-there-2014-12#steve-chen-and-jawed-karim--youtube-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/yelp-ceo-jeremy-stoppelman-san-francisco-diversity-2014-8Yelp CEO On San Francisco: Most Cities Would Be Falling Over Themselves To Have The Problems We Havehttp://www.businessinsider.com/yelp-ceo-jeremy-stoppelman-san-francisco-diversity-2014-8
Thu, 07 Aug 2014 14:57:22 -0400Joey Cosco
<p><img style="float:right;" src="http://static5.businessinsider.com/image/53e3c2c4eab8eaa425dd5fcd-1200-924/new-york-city-mayor-michael-bloomberg-and-yelp-ceo-jeremy-stoppelman-5.jpg" border="0" alt="New York City Mayor Michael Bloomberg and Yelp CEO Jeremy Stoppelman"></p><p>Right now Yelp CEO Jeremy Stoppelman is at the top of his game. Last week the company reported its <a href="http://www.businessinsider.com/yelp-q2-earnings-2014-7">first profitable quarter ever</a>, the San Francisco Chronicle reports. Foursquare recently pivoted its entire business to be <a href="http://www.businessinsider.com/foursquare-launches-new-app-2014-8">more like Yelp</a>. Stoppelman's company is currently valued at $5 billion.</p>
<p>And according to Stoppelman in a <a href="http://www.sfgate.com/business/technology/article/Yelp-CEO-reviews-his-own-business-after-10-years-5671888.php">recent interview with the Associated Press</a>, the tech industry is doing pretty well, too. He says San Francisco is especially doing well, despite the negative press the tech industry often gets in the city.</p>
<p>"<span id="docs-internal-guid-ce83d11b-b19c-0857-7140-cf2864b5bb6a">Most cities would be falling over themselves to have the problems we have right now, which is like, 'Oh my, we have too many jobs and people's compensation keeps going up, so therefore people can afford to pay more to obtain housing,'" Stoppelman said. Though <a href="http://www.businessinsider.com/san-francisco-least-affordable-for-millennials-2014-8">median prices for housing in the city are astronomical</a> and protests against tech companies are becoming <a href="http://www.businessinsider.com/san-francisco-eviction-protest-2014-4">more</a> and <a href="http://www.businessinsider.com/google-io-protests-2014-6">more</a> <a href="http://www.businessinsider.com/san-francisco-protesters-labeling-airbnb-stickers-2014-7">frequent</a>, Stoppelman pointed out that tech workers often fit right into the middle class.&nbsp;</span></p>
<p><span><span id="docs-internal-guid-ce83d11b-b1a5-5a74-1720-688c25777eca">"The reality is the vast majority of our employees are making anywhere from, you know, like $40,000 to $100,000. If you look at it, we are just like every other company. As rents go up, it hurts people here, too," he said. <a href="http://quickfacts.census.gov/qfd/states/06/06075.html">Median income for a San Francisco household is $73,802</a>, according to U.S. census data.</span></span></p>
<p><span><span>Stoppelman also weighed in on the issue of diversity in tech. Yelp plans to release diversity data soon, h</span></span>e told the AP, but Stoppelman believes the root of the issue doesn't lie with the tech companies, but with education. He cited a smaller number of female and minority engineers available for hire as the main reason tech companies employ so few.</p>
<p><span><span><span>"B</span></span></span>y the time you are talking about a company, you are talking about the end of the funnel. The funnel begins in high school, really, or even earlier maybe," the former Harvard Business School student said. "If you want women and minorities to succeed all the way at the end of the funnel in a tech job, you have to increase the numbers starting at the top of the funnel, at the earliest age, and then make sure they stay in the funnel and get all the way through."&nbsp;</p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/yelp-q2-earnings-2014-7" >Yelp Reports A Profit For The First Time Since Going Public</a></strong></p>
<p><a href="http://www.businessinsider.com/yelp-ceo-jeremy-stoppelman-san-francisco-diversity-2014-8#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/seed-round-pitch-deck-tempate-2013-8The Pitch Deck That Helped A Startup Land $6 Million From The Founders Of Dropbox, Yelp, Box, Yammer, And Gmailhttp://www.businessinsider.com/seed-round-pitch-deck-tempate-2013-8
Fri, 30 Aug 2013 15:13:00 -0400Alyson Shontell
<p class="p1"><img style="float:right;" src="http://static4.businessinsider.com/image/521f812e69bedd540d7c8838-480-/dropbox-ceo-and-cofounder-drew-houston.jpg" border="0" alt="Dropbox CEO and cofounder Drew Houston" width="480" /></p><p>Joshua Reeves is the CEO of a startup that raised a $6.1 million seed round from big Silicon Valley names.</p>
<p class="p1">His investors list reads as a who's who of Silicon Valley:</p>
<p class="p1"><span style="line-height: 1.5em;">Yelp CEO Jeremy Stoppelman,&nbsp;</span><span style="line-height: 1.5em;">Dropbox CEO Drew Houston,&nbsp;</span><span style="line-height: 1.5em;">Yammer CEO David Sacks,&nbsp;</span><span style="line-height: 1.5em;">Box CEO Aaron Levie,&nbsp;</span><span style="line-height: 1.5em;">YouTube co-founder Jawed Karim,&nbsp;</span><span style="line-height: 1.5em;">SurgarCRM CEO Larry Augustin,&nbsp;</span><span style="line-height: 1.5em;">Zuora CEO and former Salesforce CMO Tien Tzou,&nbsp;</span><span style="line-height: 1.5em;">Facebook VP of Partnerships Dan Rose,&nbsp;</span><span style="line-height: 1.5em;">Gmail creator Paul Buchheit, and more ...</span></p>
<p>Reeves is also an angel investor himself.</p>
<p>Reeves' new company is called <a href="https://zenpayroll.com/">ZenPayroll</a>, a cloud-based payments tool that makes it easier for small businesses to pay employees. We asked him how he got such a rock star lineup to invest in ZenPayroll.</p>
<p>Reeves says it took him two weeks to raise the $6.1 million round. Each day was packed with eight or nine meetings. He started the process by reaching out to people he knew. It helped that he was going through Y Combinator, a notable startup accelerator program that has a strong alumni network. Reeves also had connections from Stanford, where he got his electrical engineering degree, and from Zazzle, a startup he joined as an early employee that now has hundreds of people.</p>
<p>Aaron Levie, for example, was a prior contact. Box's office used to be right next door to Zazzle's. Levie invested in a company called Karma; now Karma's CEO is one of Reeves' investors. Reeves also met Yelp CEO Jeremy Stoppelman through Levie.</p>
<p>Once Reeves found potential investors, he still had to sell them. Reeves and his co-founders have attractive backgrounds; they've each started companies before and Reeves' last company was bought. Reeves also used a compelling pitch deck to help share his mission with investors.</p>
<p style="padding-left: 30px;"><a href="http://www.businessinsider.com/seed-round-pitch-deck-tempate-2013-8#before-you-create-your-startups-pitch-deck-heres-a-general-formatting-tip-1"><strong>Click here to jump straight to pitch deck that helped Reeves raise the money &gt;</strong></a></p>
<p>"I'm a big fan of having a deck," says Reeves. "Especially at the seed stage. It's how you present your story. You want to have a logical connection between different pieces of information."</p>
<p>Reeves also asked investors a lot of questions during the meetings. He says he interviewed them as much as they interviewed him to make sure they'd be a good fit for his company.&nbsp;</p>
<p>Finally, it's important to have a product that solves a pain point investors can relate to. ZenPayroll is a cloud-based payroll solution that's cheap for small businesses to use and easier to navigate than ADP or Paychex.</p>
<p>"The people we raised money from invested because they want to vicariously fix this industry," says Reeves. "You could tell which of them had experienced the payroll pain themselves. That's the heart of why angels invest even when they are still doing their own startups."</p>
<p>So, how can other startups have the similar success nabbing star angel investors?</p>
<p>Reeves offers the following pitch deck to other entrepreneurs when they're raising their first round of financing. It's the template ZenPayroll used to raise $6.1 million.</p>
<p>"Each meeting is an opportunity to describe your vision, paint a picture of the future, share your progress so far and the quality of your team," he says.</p><h3>Before you create your startup's pitch deck, here's a general formatting tip:</h3>
<img src="http://static4.businessinsider.com/image/521f7979eab8ea961bff535c-400-300/before-you-create-your-startups-pitch-deck-heres-a-general-formatting-tip.jpg" alt="" />
<br/><br/><h3>Reeves recommends having a 2-5 word tagline for your company and a strong quote on the opening slide.</h3>
<img src="http://static2.businessinsider.com/image/521f7979eab8eaff1bff5343-400-300/reeves-recommends-having-a-2-5-word-tagline-for-your-company-and-a-strong-quote-on-the-opening-slide.jpg" alt="" />
<br/><br/><h3>The vision should stand out on a slide of its own. It's the most important message a young startup can convey.</h3>
<img src="http://static1.businessinsider.com/image/521f797969bedde3767c8881-400-300/the-vision-should-stand-out-on-a-slide-of-its-own-its-the-most-important-message-a-young-startup-can-convey.jpg" alt="" />
<br/><br/><a href="http://www.businessinsider.com/seed-round-pitch-deck-tempate-2013-8#show-youre-going-after-a-big-market-and-have-data-to-back-it-up-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/yelp-fourth-quarter-earnings-2013-2Yelp Hits A Big Milestone: 100 Million Users In January (YELP)http://www.businessinsider.com/yelp-fourth-quarter-earnings-2013-2
Wed, 06 Feb 2013 16:47:00 -0500Owen Thomas
<p><img style="float:right;" src="http://static2.businessinsider.com/image/50bcf59e6bb3f77925000016-400-300/jeremy-stoppelman-yelp-2.jpg" border="0" alt="jeremy stoppelman, yelp" width="400" height="300" /></p><p>In Yelp's <a href="http://www.yelp-ir.com/phoenix.zhtml?c=250809&amp;p=irol-newsArticle&amp;ID=1782405&amp;highlight=">fourth-quarter earnings call</a>, CEO Jeremy Stoppelman dropped a lot of numbers on the progress of the local-reviews site. But here's a big one: Yelp <a href="http://officialblog.yelp.com/2013/02/yelpcom-welcomes-100-million-unique-visitors-in-january-2013.html">recorded 100 million monthly unique visitors in January</a>.</p>
<p>Yelp still has to show it can be profitable&mdash;a hurdle it didn't clear in the fourth quarter, although its loss narrowed.</p>
<p>Some other numbers Stoppelman and CFO Rob Krolik mentioned:</p>
<ul>
<li><span style="font-size: 15px; line-height: 1.5em;">Reviews grew 45 percent in 2012</span></li>
</ul>
<ul>
<li><span style="font-size: 15px; line-height: 1.5em;">Mobile devices with Yelp app installed grew 60 percent</span></li>
</ul>
<ul>
<li><span style="font-size: 15px; line-height: 1.5em;">26 new Yelp markets</span></li>
</ul>
<ul>
<li><span style="font-size: 15px; line-height: 1.5em;">"Claimed" businesses grew to 1 million</span></li>
</ul>
<ul>
<li><span style="font-size: 15px; line-height: 1.5em;">Active business accounts grew to 68,000</span></li>
</ul>
<div><span style="line-height: 22.5px;">COO Geoff Donaker said that about half of Yelp's markets had hit a "tipping point" where they had enough reviews to be "really useful" to consumers.</span></div><p><a href="http://www.businessinsider.com/yelp-fourth-quarter-earnings-2013-2#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/how-jeremy-stoppelman-became-successful-2012-12How Yelp CEO Jeremy Stoppelman Became A Ridiculously Successful Tech Entrepreneur Worth Millionshttp://www.businessinsider.com/how-jeremy-stoppelman-became-successful-2012-12
Mon, 10 Dec 2012 20:31:00 -0500Will Wei
<p><a class="hidden_link" href="http://www.businessinsider.com/blackboard/jeremy-stoppelman">Jeremy Stoppelman</a> is the CEO of <a class="hidden_link" href="http://www.businessinsider.com/blackboard/yelp">Yelp</a> -- a hot tech company worth billions of dollars. Previously, he was the VP of engineering at <a class="hidden_link" href="http://www.businessinsider.com/blackboard/paypal">PayPal</a> around the time it was acquired by <a class="hidden_link" href="http://www.businessinsider.com/blackboard/ebay">eBay</a> for $1.5 billion.</p>
<p>So, how did Jeremy Stoppelman get to where he is today?</p>
<p>At Business Insider's IGNITION conference last week, Stoppelman talks about his path to creating Yelp, the PayPal mafia, and how he began investing in tech companies when he was just 14 years old.</p>
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Mon, 10 Dec 2012 09:55:29 -0500Will Wei
<p><a class="hidden_link" href="http://www.businessinsider.com/blackboard/yelp">Yelp</a> went public earlier this year after eight long years of scaling its business and building trust with its consumers.</p>
<p>At <em><a class="hidden_link" href="http://www.businessinsider.com/blackboard/business-insider">Business Insider</a></em>'s <a href="http://www.businessinsider.com/category/ignition-2012">IGNITION conference</a>, Yelp CEO and co-founder <a class="hidden_link" href="http://www.businessinsider.com/blackboard/jeremy-stoppelman">Jeremy Stoppelman</a> talked about the early days of Yelp and why it took so long for his company to IPO.</p>
<p>Watch Stoppelman below:</p>
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<p>&bull;&nbsp;<a href="http://www.businessinsider.com/why-everyone-needs-to-be-on-linkedin-2012-11">Here's Why President Obama, Richard Branson And Everyone Else Need To Be On LinkedIn</a></p><p><a href="http://www.businessinsider.com/jeremy-stoppelman-on-early-days-of-yelp-2012-11#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/google-wants-to-kill-yelp-2012-12Here's How Google Is Trying To Kill Yelphttp://www.businessinsider.com/google-wants-to-kill-yelp-2012-12
Mon, 03 Dec 2012 14:09:06 -0500Will Wei
<p><a href="http://www.businessinsider.com/google-in-talks-to-buy-yelp-for-500-million-says-techcrunch-2009-12">Google tried to buy Yelp</a>, but the local reviews site turned down the offer <a href="http://www.businessinsider.com/yelp-walks-away-from-google-deal-and-half-a-billion-dollars-2009-12">reportedly worth a measly $500 million</a>.</p>
<p>So, <a class="hidden_link" href="http://www.businessinsider.com/blackboard/google">Google</a> decided that if it couldn't buy <a class="hidden_link" href="http://www.businessinsider.com/blackboard/yelp">Yelp</a>, it would <a href="http://www.businessinsider.com/google-buys-zagat-2011-9">kill it instead</a>.</p>
<p>Yelp CEO <a class="hidden_link" href="http://www.businessinsider.com/blackboard/jeremy-stoppelman">Jeremy Stoppelman</a> has actually testified before Congress about Google, and he's spent much of his time and energy fending off repeated attempts by Google to kill his company.</p>
<p>Stoppelman talked to <em><a class="hidden_link" href="http://www.businessinsider.com/blackboard/business-insider">Business Insider</a></em>'s Nicholas Carlson during <a href="http://www.businessinsider.com/category/ignition-2012">our IGNITION conference last week</a> about Yelp's ongoing battle against Google below:</p>
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<p><strong>Don't Miss:</strong></p>
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<p><a href="http://www.businessinsider.com/future-of-linkedin-video-2012-11">LinkedIn's Ultimate Plan Is To 'Map Out The Underpinnings Of The Global Economy'</a></p><p><a href="http://www.businessinsider.com/google-wants-to-kill-yelp-2012-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/the-future-of-yelp-video-2012-11Here's What Yelp CEO Jeremy Stoppelman Said About The Company's Future And Exposing Fake Reviewshttp://www.businessinsider.com/the-future-of-yelp-video-2012-11
Mon, 03 Dec 2012 10:34:00 -0500Will Wei
<p>The future of local reviews site <a href="https://intelligence.businessinsider.com/yelp-mobile-growth-accelerates-2012-9">Yelp lies more and more in mobile</a>, said CEO <a href="http://www.businessinsider.com/blackboard/jeremy-stoppelman" class="hidden_link">Jeremy Stoppelman</a> at <a href="http://www.businessinsider.com/category/ignition-2012">our media conference IGNITION last week</a>.</p>
<p>Stoppelman said that sites with mobile potential will shift their priorities and transform from companies with huge desktop sites with little mobile presence to mobile apps with small sites.</p>
<p>Watch the excerpt below to find out how <a href="http://www.businessinsider.com/blackboard/yelp" class="hidden_link">Yelp</a> does sting operations to expose fake reviews on the site, and more about its plans for the future below.</p>
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<p><em>Produced by&nbsp;<a href="http://www.businessinsider.com/blackboard/business-insider" class="hidden_link">Business Insider</a>&nbsp;Video</em></p>
<p><em></em><em></em><strong>Don't Miss:</strong></p>
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Wed, 01 Aug 2012 16:59:00 -0400Matt Lynley
<p><img style="float:right;" src="http://static6.businessinsider.com/image/4ebc1faf6bb3f78e4c00000e/yelp-ceo-jeremy-stoppelman.jpg" border="0" alt="Yelp CEO Jeremy Stoppelman" /></p><p>Yelp's second-quarter earnings are out!</p>
<p>It looks like a beat on the top and bottom lines.</p>
<p>Yelp posted a $.03 loss per share, compared to <a href="http://finance.yahoo.com/q/ae?s=YELP+Analyst+Estimates">analyst estimates</a> of loss of $.06 per share.</p>
<p>It also beat on revenue, reporting $32.7 million in revenue in the second quarter, compared to Wall Street analyst estimates of $30.5 million.</p>
<p>Yelp also has more than 7 million unique monthly users coming from mobile devices, the company said today.</p>
<p>Shares are spiking more than 12 percent in extended trading.</p>
<p>Yelp also has a handful of interesting bits about the business assembled in a few slides from an investor relations deck, which we've included below.</p>
<p><img src="http://static2.businessinsider.com/image/5019940469bedd3723000000/yelp-slide-deck-1.png" border="0" alt="yelp slide deck 1" width="600" /></p>
<p>&nbsp;</p>
<p><img src="http://static5.businessinsider.com/image/50199415eab8ea154600000a/yelp-deck-2.png" border="0" alt="yelp deck 2" width="600" /></p>
<p>&nbsp;</p>
<p><img src="http://static1.businessinsider.com/image/50199423eab8ea9046000001/yelp-deck-3.png" border="0" alt="yelp deck 3" width="600" /></p>
<p>&nbsp;</p>
<p><img src="http://static1.businessinsider.com/image/5019943769bedd0320000009/yelp-deck-4.png" border="0" alt="yelp deck 4" width="600" /></p><p><a href="http://www.businessinsider.com/yelp-beats-stock-jumps-more-than-10-2012-8#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/steve-jobs-called-up-yelp-and-said-dont-sell-out-to-google-2012-7Steve Jobs Called Up Yelp And Said Don't Sell Out To Google (GOOG, AAPL, YELP)http://www.businessinsider.com/steve-jobs-called-up-yelp-and-said-dont-sell-out-to-google-2012-7
Mon, 16 Jul 2012 11:43:43 -0400Seth Fiegerman
<p><img style="float:right;" src="http://static3.businessinsider.com/image/4ea6fdc86bb3f7f12f00001c/steve-jobs.jpg" border="0" alt="steve jobs" /></p><p><a class="hidden_link" href="http://www.businessinsider.com/blackboard/steve-jobs">Steve Jobs</a> really was willing to go out of his way to make sure <a class="hidden_link" href="http://www.businessinsider.com/blackboard/google">Google</a> didn't get what it wanted.</p>
<p>Back in 2010, Jobs went so far as to personally call up Yelp's CEO <a class="hidden_link" href="http://www.businessinsider.com/blackboard/jeremy-stoppelman">Jeremy Stoppelman</a> to tell him not to sell his company to Google. That's according to a new profile of Stoppelman in the <a href="http://www.sfgate.com/news/article/Yelp-s-Jeremy-Stoppelman-a-profile-3707980.php#page-1" target="_blank">San Francisco Chronicle</a>.</p>
<p>At the time, Google was said to be in talks to acquire Yelp for more than half a billion dollars.</p>
<p>One day, Stoppelman was on a conference call with investors when someone passed him a note saying, "Steve Jobs is on the line." Here's what happened next:</p>
<p style="padding-left: 30px;">On the phone, Jobs urged Stoppelman, who revered the <a class="hidden_link" href="http://www.businessinsider.com/blackboard/apple">Apple</a> chief as a visionary, to "stay independent and not sell out to Google." Jobs was not a fan of Google and had accused the search giant of stealing Apple's smart-phone and tablet&nbsp;technology.<br /><br />"At that point, we had already turned down Google," Stoppelman said. "But Steve liked Yelp and wanted to make sure about Google. It was a moment where I said, 'This is crazy. What just&nbsp;happened?'"</p>
<p>Fast forward a couple years and Yelp now has a market cap of well over $1 billion. What's more, Apple and Yelp have developed a very close relationship. Apple is adding <a href="http://www.businessinsider.com/apple-really-is-going-to-try-to-kill-google-2012-6" target="_blank">Yelp's local listings</a> into its new <a class="hidden_link" href="http://www.businessinsider.com/blackboard/ios">iOS</a> 6 mapping application and Apple is rumored to be adding <a href="http://www.businessinsider.com/bloomberg-apples-new-default-map-for-iphone-will-feature-yelp-check-ins-2012-6" target="_blank">Yelp check-ins</a> to iOS 6 as well.</p><p><a href="http://www.businessinsider.com/steve-jobs-called-up-yelp-and-said-dont-sell-out-to-google-2012-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/yelp-millionaires-club-ipo-2011-11You Won't Believe How Much Yelp's Top Shareholders Are Worth Nowhttp://www.businessinsider.com/yelp-millionaires-club-ipo-2011-11
Thu, 17 Nov 2011 18:16:00 -0500Matt Lynley
<p><img style="float:right;" src="http://static2.businessinsider.com/image/4ebaeb6569bedde47b000028-400-300/yelp-offices.jpg" border="0" alt="Yelp Offices" width="400" height="300" /></p><p>Yelp just <a href="http://www.businessinsider.com/yelp-just-filed-for-its-ipo-2011-11">filed for an initial public offering</a> in order to raise up to $100 million.</p>
<p>The review site is seeking a valuation between $1 billion and $2 billion, <a href="http://online.wsj.com/article/SB10001424052970204190704577026140347386380.html">according to reports by the Wall Street Journal and others</a>.</p>
<p>That's going to mint some decent fortunes for Yelp's shareholders. CEO <a href="http://www.businessinsider.com/blackboard/jeremy-stoppelman" class="hidden_link">Jeremy Stoppelman</a> and his investors have managed to hold onto the lion's share of the company's equity.</p>
<p>Stoppelman and his investors control around 86 percent of the company, with the next largest shareholder, chief operating officer Geoff Donaker, controlling just 1.6 percent. Stoppelman himself has a nice 11.1 percent share of the company.</p>
<p>We've calculated each shareholder's worth based on those valuations.</p><h3>Square's chief operating officer Keith Rabois gets up to $4 million</h3>
<img src="http://static2.businessinsider.com/image/4cea9e3ecadcbb9503080000-400-300/squares-chief-operating-officer-keith-rabois-gets-up-to-4-million.jpg" alt="" />
<p><p><strong>Shares owned</strong>:&nbsp;422,660</p>
<p><strong>Percentage</strong>: 0.2%</p>
<p><strong>Value</strong>: $2 million to $4 million</p></p>
<br/><br/><h3>Yelp's chief financial officer Rob Krolic snags up to $6 million</h3>
<img src="http://static2.businessinsider.com/image/4ec58a62eab8eabc4e00002a-400-300/yelps-chief-financial-officer-rob-krolic-snags-up-to-6-million.jpg" alt="" />
<p><p><strong>Shares owned</strong>: 600,000</p>
<p><strong>Percentage</strong>: .3%</p>
<p><strong>Value</strong>: $3 million to $6 million</p></p>
<br/><br/><h3>Yelp general counsel Laurence Wilson is worth up to $8 million</h3>
<img src="http://static4.businessinsider.com/image/4ec58c5cecad04996900003a-400-300/yelp-general-counsel-laurence-wilson-is-worth-up-to-8-million.jpg" alt="" />
<p><p><strong>Shares owned</strong>:&nbsp;919,527</p>
<p><strong>Percentage</strong>: 0.4%</p>
<p><strong>Value</strong>: $4 million to $8 million</p></p>
<br/><br/><a href="http://www.businessinsider.com/yelp-millionaires-club-ipo-2011-11#yelp-vice-president-of-sales-jed-nachman-is-worth-up-to-12-million-4">See the rest of the story at Business Insider</a> http://www.businessinsider.com/yelps-employees-minus-ceo-only-own-14-percent-of-the-company-2011-11Yelp's Employees Outside Of CEO Only Own 14 Percent Of The Companyhttp://www.businessinsider.com/yelps-employees-minus-ceo-only-own-14-percent-of-the-company-2011-11
Thu, 17 Nov 2011 15:47:00 -0500Matt Lynley
<p><img style="float:right;" src="http://static1.businessinsider.com/image/4b1fc2350000000000d4f34c/jeremy-stoppelman1.jpg" border="0" alt="jeremy-stoppelman1" /></p><p><a class="hidden_link" href="http://www.businessinsider.com/blackboard/yelp">Yelp</a> CEO <a class="hidden_link" href="http://www.businessinsider.com/blackboard/jeremy-stoppelman">Jeremy Stoppelman</a>, his investors and director <a class="hidden_link" href="http://www.businessinsider.com/blackboard/max-levchin">Max Levchin</a> own a collective 86 percent of the company &mdash; leaving only a small portion of ownership to its employees.</p>
<p>The employee with the next largest share is chief operating officer Geoff Donaker, who owns 1.6 percent of the company, <a href="http://www.sec.gov/Archives/edgar/data/1345016/000119312511315562/d245328ds1.htm">according to the company's S-1 filing with the Securities and Exchange Commission</a>. Everyone else, including his executive staff, own less than 1 percent of the company.</p>
<p>Yelp has not issued any Class A stock, which means all stock it has issued has the same amount of voting power. Class B shares have 10 votes while Class A shares only have one vote.</p>
<p>Stoppelman owns 11.1 percent of the company while Levchin owns 13.8 percent. Investment firms <a class="hidden_link" href="http://www.businessinsider.com/blackboard/bessemer">Bessemer</a> <a class="hidden_link" href="http://www.businessinsider.com/blackboard/venture-partners">Venture Partners</a>, <a class="hidden_link" href="http://www.businessinsider.com/blackboard/elevation-partners">Elevation Partners</a> and <a class="hidden_link" href="http://www.businessinsider.com/blackboard/benchmark-capital">Benchmark Capital</a> collectively own 61.1 percent of the company.</p>
<p>Zynga's CEO and his investors, for example, only own 50.9 percent of the company (CEO <a class="hidden_link" href="http://www.businessinsider.com/blackboard/mark-pincus">Mark Pincus</a> still owns 10.7 percent). <a class="hidden_link" href="http://www.businessinsider.com/blackboard/groupon">Groupon</a> CEO <a class="hidden_link" href="http://www.businessinsider.com/blackboard/andrew-mason">Andrew Mason</a> owns 7.7 percent of his company and he, along with top executives and investors, own 62.5 percent of the company.</p>
<p>Yelp <a href="http://www.businessinsider.com/yelp-just-filed-for-its-ipo-2011-11">filed to go public and raise up to $100 million earlier today</a>.</p><p><a href="http://www.businessinsider.com/yelps-employees-minus-ceo-only-own-14-percent-of-the-company-2011-11#comments">Join the conversation about this story &#187;</a></p>